Business, Legal & Accounting Glossary
A high-yield, insurance-backed bond containing a provision causing interest and/or principal payments to be delayed or lost in the event of loss due to a specified catastrophe, such as an earthquake.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Catastrophe Bond are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.